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Required informetion Problem 9.1A Record and anolyze instaltment notes (LO9.2) [The following information applies to the eqestions displayed below] On january 1, 2021, Gundy Enserprises

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Required informetion Problem 9.1A Record and anolyze instaltment notes (LO9.2) [The following information applies to the eqestions displayed below] On january 1, 2021, Gundy Enserprises purchases an office bulding for 5360,000 , paying $60000 down and bontowing the remaining $300,000, signing a 7 , 10-year mortgage Instaliment payments of $3.48325 are toue at the end of each month, with the fitst payment due on January 31,2021 . Problem 9-1A Part 3 3-a. Record the first monthily mortgage payment on Janisary 31,2021 (If no entry is required for a particular transactionievent, saiect "No Journal Entry Required" in the first account field. Do not round intermediate colculotions. Round your final answers to 2 decimel ploces. Rocord the first monthly mortgage payment. Note: enter debils betere credits, 3-b. How much of the first payment goes to interest expense and how much goes to recucing the carrying value of the loan? (Aound your answers to 2 decimel pleces.) Rocord the first monthly mortgage payment. Note: enter debils betere credits, 3-b. How much of the first payment goes to interest expense and how much goes to recucing the carrying value of the loan? (Aound your answers to 2 decimel pleces.)

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